- Analytics
- News and Tools
- Market News
- St. Louis Fed president Bullard: Fed should press ahead with plan to dial down its stimulus despite abrupt slowdown in U.S. jobs growth in August - FT
St. Louis Fed president Bullard: Fed should press ahead with plan to dial down its stimulus despite abrupt slowdown in U.S. jobs growth in August - FT
- There is plenty of demand for workers and there are more job openings than there are unemployed workers
- If we can get the workers matched up and bring the pandemic under better control, it certainly looks like we’ll have very strong labour market going into 2022
- Big picture is that taper will get going this year and will end sometime by H1 2022
- Looking for job gains to average out around 500,000 per month this year; these numbers are going to bounce up and down
- When you’re in crisis, you have to be prepared for twists and turns
- Jobs are there, it’s that workers may not want to take those jobs right now
- Expects the unemployment rate to drop below 5 percent by the end of this year
- Many have said that once you get into 2022 inflation will moderate. There a case to be made for that, but there’s a case to be made that it won’t moderate and may go in other direction
- To give Fed “optionality” to raise interest rates in 2022, it should wrap up its asset purchases by the end of Q1 2022
- Another reason to taper quickly is “incipient housing bubble” that might be fuelled in part by Fed’s ultra-loose monetary policy
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
